Austin, Texas Lender Lends Money to Aquatic Features And Landscape
Get to know Austin, Texas banks that specialize in small business loans and know how to work with entrepreneurs. First State Bank Central Texas is one such bank, as evidenced by this SBA loan to Aquatic Features And Landscape.
Finding a small business loan in Austin, Texas starts with an understanding of who else has gotten loans in the area. In this case, Aquatic Features And Landscape received funding from First State Bank Central Texas Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
AQUATIC FEATURES AND LANDSCAPE
6611 BURNET LANE
AUSTIN, TX 78757
SBA Loan Lender
FIRST STATE BANK CENTRAL TEXAS
6500 N MOPAC, STE 1101
AUSTIN, TX 78731
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238990 - All Other Specialty Trade Contractors
Loan Approval Date
8/30/2006
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $93,750.
More Information on This SBA Loan
The borrower, Aquatic Features And Landscape, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 40 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 46 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This SBA loan was for $125,000. How would you spend $125,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Aquatic Features And Landscape, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Bank Credit Lines
SBA 7A Banks in Austin, Texas
SBA Lenders in Texas
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